A group of leading Ethereum-based DeFi developers and security experts have launched Web3SOC, a new security and compliance framework designed to strengthen institutional confidence in decentralized finance.
The initiative was announced Friday and includes contributions from top teams such as Uniswap Labs, Morpho, Maple Finance, Kiln, and Steakhouse Financial, along with cybersecurity firms Cantina and Secureum.
Framework for DeFi Governance and Institutional Standards
Web3SOC — short for “Web3 System and Organizational Controls” — offers a structured classification framework for Web3 applications, aimed at improving transparency, security, and collaborative governance across the ecosystem. The goal is to provide financial institutions and DeFi projects with a shared methodology to assess security practices and ensure operational compliance.
According to the announcement, Web3SOC is intended to function as a standardized reference for best practices in smart contract development, protocol risk mitigation, and governance processes. Its backers believe this framework could become a foundational layer for evaluating the readiness and reliability of decentralized applications, especially as traditional finance increasingly explores blockchain integration.
Institutional Input Strengthens Web3SOC’s Scope
The framework also benefited from contributions by institutional investors and stakeholders, reflecting the growing demand for security transparency in the DeFi space. With high-profile exploits and governance issues continuing to pose risks to the sector, Web3SOC aims to fill a critical gap in how decentralized applications are assessed, deployed, and trusted by both users and institutions.
The launch of Web3SOC signals a broader push toward professionalizing DeFi infrastructure, making it more accessible and trustworthy for larger capital allocators and regulators alike.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/ethereum-developers-launch-web3soc-to-standardize-security-and-compliance-in-defi/